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Well, that may be, but here in the great state of Georgia, not so much. Of the four, rust free, first generations that I own, I paid no more than 3 grand, of which two are EB 4WD. All running with no major issues. Here is an example.Oh hell no. I’m thinking eBay at $6500 reserve.
Recent events as the price of petro?KBB updated their pricing to coincide with the crazy used car market a few months ago. Use that as a starting point, but you can probably more with recent events.
Recent events as the price of petro?
I would suspect, with inflation being so high, and even with the decreased availability of new vehicles driving up prices on used vehicles, that most would prefer a late model of 10 years or less. I wouldn't think this would cause much of a price hike on a 20 plus year old vehicle with over 200,000 miles. Unfortunately, or fortunately, depending on your perspective, being the fuel guzzlers that they are, they are probably not going to gain more value as the price of gasoline keeps increasing. Expeditionally.
I see your point. Maybe it's a good time to sell. Just not seeing it as much here locally on early generations with high mileage.No, recent events like the cost/availability of steel, nickel, neon, wiring harnesses, chips, etc. The flippers aren't even bothering to rebuild salvage vehicles anymore. They're asking for and getting nearly new prices for totaled vehicles that are several years old. Anything that runs is fetching $3k+, including ancient, barely-running cars that were $500 cars 2 years ago. Used cars are fetching 40-80% more than they were a year ago. While large gas guzzlers like the Expedition haven't increased in value at the same rate as smaller vehicles (sitting closer to that 40% mark), they're still fetching far, far more than they should.